Oil Major definition

Oil Major means BP, Chevron, ExxonMobil, Shell, Statoil and Total.

Examples of Oil Major in a sentence

  • If, at any time during the charter period, the vessels become unacceptable to any Oil Major, Charterers shall have the right to terminate the charter.

  • Owners undertake to maintain such Oil Major Approvals referred to in Clause 44 above throughout the charter period.

  • If, at any time during the charter period, the vessel becomes unacceptable to any Oil Major, Charterers shall have the right to terminate the charter.

  • The Buyers shall take over remaining unused lubricating oils (in tanks or in broached/unbroached drums) at the time of delivery paying the Sellers net Oil Major prices for last supply port.

  • First Aid Refresher Course, Oil Major Vetting Course for Officers and Crew.

  • Where a vetting approval of an Other Oil Major is to be obtained, the time limit shall count from the Participant’s receipt of such request by the Commercial Manager or the date of delivery of a Tanker into the Pool, whichever is the later.